Press Release

07

Nov

2018

CALC Named "Asia-Pacific Lessor of the Year" for Second Consecutive Year by Airline Economics

Hong Kong – 7 November 2018, CALC (the “Group”, SEHK stock code: 01848), a full value-chain aircraft solutions provider for global airlines, is pleased to announce that it has been named the “Asia-Pacific Lessor of the Year” for the second consecutive year in the annual Aviation 100 Awards for the APAC region by Airline Economics, one of the mostly read publication in global aviation industry.

“Asia-Pacific Lessor of the Year” recognizes the year’s most outstanding performer in the aviation leasing industry. The award is based primarily on an industry survey vote, with the criteria including fleet size, financial performance, client list, lease rate performance, among others. With an outstanding performance in the above criteria, CALC once again stood out and won this title for the second time.

Mr. Mike POON, Chief Executive Officer of CALC, said, “We are deeply proud that CALC has once again demonstrated its unique position and competitive advantages in the global aviation industry. CALC has achieved a number of milestones in the year, including the establishment of our side car CAG, delivery of our first aircraft under the new tax regime through Hong Kong leasing platform and commencing operation of Asia’s first large-scale aircraft recycling facility in Harbin, through our mid-to-end-of-life aircraft solutions arm Aircraft Recycling International Limited. The Group will continue to leverage on our business model as a full value-chain aircraft solution provider, creating innovative solutions and value-added services to meet the needs of our global clients, also solidifying its leading position in global aviation industry.”